$24.97
-0.17 (-0.68%)
Huaneng Power International, Inc. (ADR) (HNP)
CAPS Rating:
The Company develops, constructs, owns, operates and manages large thermal power plants.
The Company develops, constructs, owns, operates and manages large thermal power plants.
Recs
There's no question that China is developing quickly or that the development will continue for many years to come, and many stocks will bubble up and burst along the way. Is Baidu really the next Google? I don't know. Will Ctrip teach a vast new middle-class how to vacation? Ya got me. Technology is pretty fickle, and I'm not going to try and predict where it will be five years from now (though I may make a few Foolish gambles along the way). But one thing I will guarantee... the world will still need ways of generating and distributing electricity in five years, and China in particular is going to need a lot more of it than it has now.